With an increasing number of states legislating open chargemaster laws and more patients opting for high deductible insurance plans, consumers will be "price shopping" for healthcare.
Hospitals are under increasing pressure to defend their charges. MedAssets Net Revenue Systems' Defensible Price Modeling (DPM) can help with:
- Establishing defensible pricing based on comparative benchmarks and costs
- Protecting net revenues
- Providing reports to explain and support your pricing strategy
MedAssets maintains the most comprehensive and timely proprietary pricing benchmarks -- covering more than 95% of items in the chargemaster, including all inpatient and outpatient services, supplies and drugs.
In addition DPM will determine the bottom line impact of a new pricing strategy as well as provide detailed and graphical reports.